Lemonis: Thor loan to FreedomRoads will strengthen both companies

Posted by RV Portals at 1/23/2009 10:13 AM
Categories: frontpage



LINCOLNSHIRE, Ill. — Marcus Lemonis, president and CEO of FreedomRoads and Camping World, told RV Industry News today the $10 million loan to the company's owner is part of a long-term strategic initiative.

"The loan provides working capital to FreedomRoads, it is not restructured debt," Lemonis said. "FreedomRoads has no debt other than floorplan. We have no bonds or debt of any kind."

FreedomRoads sought working capital to help

 

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